On February 27, 2025, the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a release announcing that it intends to issue an interim final rule by March 21, 2025 that will extend the current deadlines to file or...more
3/3/2025
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Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Enforcement Actions ,
Filing Deadlines ,
Filing Requirements ,
Final Rules ,
FinCEN ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements
Until just recently, the enforcement of the Corporate Transparency Act (CTA) was on hold under two separate nationwide injunctions (Texas Top Cop Shop, Inc. v. Bessent—formerly, Texas Top Cop Shop, Inc. v. McHenry and Texas...more
Over 30 million companies now have less than 70 days to file their initial reports under the new federal Corporate Transparency Act (CTA). Here is the bottom line and why it matters. ...more